Can I get a 0% APR personal loan?

You cannot get a 0% APR personal loan from a major lender. The closest thing to a 0% APR personal loan that you're likely to find is a loan from a friend or family member who is willing to give you money with no interest.

You may also be able to find 0% financing from retailers, car dealers that have interest-free promotions, and medical providers that offer interest-free loans on procedures. But those offers are more limited in how they can be used than a 0% APR personal loan would be.

Where to Get 0% APR Financing

Friends or family members

It's possible to get a 0% APR personal loan from a friend or family member. They may be more flexible with their terms than major lenders.

Credit card companies

Some credit card companies offer 0% APR introductory periods for purchases and balance transfers. After this introductory period ends, you'll be subject to a higher regular APR.

Stores

Retailers may offer 0% financing for specific large purchases, like an appliance or a piece of furniture. This may not be true 0% financing, though. If you don't pay off what you owe by the end of the promotional period, you'll need to pay interest on the entire purchase. This is called "deferred interest."

Car dealers

Dealerships might use a 0% car loan promotion. These promotions may require you to pay off the loan quicker than normal and make larger monthly payments.

Medical providers

Some medical providers have 0% APR loans for specific procedures through the company. You may have to ask about this financing if you have an expensive procedure scheduled.

Even though there aren't any options for 0% APR personal loans from major lenders, there are plenty of low minimum APR personal loans available. To see the top-ranked offers, visit the personal loan comparison page on WalletHub.